Vitals
  • Total Assets
    281.3M
  • Total Deposits
    256.0M
  • Total Net Loans
    219.2M
  • Net Income
  • Book Value
    21.1M
  • Book Value x2
    42.2M
  • Book Value x3
    63.3M
ROAA

ROAE

Efficiency Ratio

90.998

Net Interest Margin

3.179

Balance Sheet Highlights
Financial Highlights First Georgia Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 281,348 142,822
Total Net Loans 219,150 103,119
Total Deposits 256,044 119,041
Total Equity 21,100 13,661
Profitability
Net Income — 1,918
Return on Average Assets — 1.238
Return on Average Equity — 12.505
Net Interest Margin 3.179 4.252
Efficiency Ratio 90.998 65.157
Noninterest Income/Revenue 21.287 15.115
Balance Sheet Ratios
Loan-to-Deposit 85.591 80.92
Securities/Assets .081 .793
Total Equity/Total Assets .075 .096
Tangible Equity/Tangible Assets .074 -.24
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 20,742 12,909
Tier 2 Capital 2,493 1,329
Total Capital 23,235 14,170
Total Risk Weighted Assets 198,946 105,490
Leverage Ratio 7.72 9.773
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.43 13.654
Total Capital Ratio 11.68 14.839

Timeline for First Georgia Bank

United Community Bank

First Georgia Bank was acquired by United Community Bank 21 years

View Profile May 01 2003

First Georgia Holding, Inc.

First Georgia Holding, Inc. became a new parent organization for First Georgia Bank.

View Profile Aug 19 2002

First Georgia Bank

First Georgia Bank was established 40 years ago and is currently headquartered in Brunswick, GA.

Jan 30 1984
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
United Community Bank Buyer 10,278,851 Acquisition Discontinued 5/1/2003
Relationships Role Relationship Start Relationship End
First Georgia Holding, Inc. Parent 8/19/2002 4/30/2003
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